Toll Brothers Announces Upcoming Luxury Townhome Community at South Park in Charlotte, NC

Toll Brothers announces a new luxury townhome community in Charlotte, opening late 2026, featuring upscale amenities and designs.

Quiver AI Summary

Toll Brothers, Inc. has announced the upcoming development of its new luxury townhome community, Toll Brothers at South Park, in Charlotte, North Carolina. Set to open for sale in late 2026, the community will be located near SouthPark Mall and Uptown Charlotte, featuring modern, open-concept townhomes that exceed 2,000 square feet. With prices starting in the mid-$900,000s, these homes will offer private outdoor spaces and two-car garages, all built with Toll Brothers' renowned quality. Residents will enjoy low-maintenance living, proximity to upscale shopping and dining, and access to a state-of-the-art Design Studio for home personalization. Division President Ryan Switzer emphasized the community's appeal for buyers seeking a refined, walkable lifestyle. For further information, interested parties can join the Toll Brothers interest list.

Potential Positives

Toll Brothers is expanding its footprint in Charlotte, North Carolina, with a new luxury townhome community, enhancing its market presence.
The new community, Toll Brothers at South Park, is strategically located near SouthPark Mall and Uptown Charlotte, appealing to affluent homebuyers seeking upscale living.
Toll Brothers has been recognized as the #1 Most Admired Home Builder by Fortune magazine in 2026, highlighting the company's esteemed reputation within the industry.
The upcoming community features high-quality design and low-maintenance living, aligning with current market trends and consumer preferences for convenient, luxurious lifestyles.

Potential Negatives

Pricing for the new townhomes begins in the mid-$900,000s, which may limit the customer base to higher-income buyers and affect sales volume in a potentially uncertain economic climate.
The announcement does not provide a specific timeline for the completion of construction or for when the community will be open for sales, potentially leading to uncertainty for prospective buyers.
There is no mention of any environmental or community impact assessments, which could raise concerns among local residents and stakeholders.

FAQ

What is Toll Brothers at South Park?

Toll Brothers at South Park is a new luxury townhome community in Charlotte, NC, featuring stylish designs and modern amenities.

When will the community open for sale?

The community is anticipated to open for sale in late 2026, with site work currently underway.

What are the townhome sizes and features?

The townhomes will offer over 2,000 square feet of open-concept living space, private outdoor areas, and two-car garages.

How much will the townhomes be priced at?

Townhomes at Toll Brothers at South Park are expected to start from the mid-$900,000s.

How can interested buyers get more information?

Interested buyers can join the interest list by calling (866) 232-1719 or visiting TollBrothers.com/NC.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$TOL Insider Trading Activity

$TOL insiders have traded $TOL stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:

DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has made 0 purchases and 3 sales selling 72,130 shares for an estimated $11,536,916.
PAUL E SHAPIRO sold 3,965 shares for an estimated $581,580
JOHN A MCLEAN sold 2,313 shares for an estimated $354,888

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TOL Revenue

$TOL had revenues of $2.1B in Q1 2026. This is an increase of 15.41% from the same period in the prior year.

You can track TOL financials on Quiver Quantitative's TOL stock page.

$TOL Hedge Fund Activity

We have seen 307 institutional investors add shares of $TOL stock to their portfolio, and 349 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 3,151,509 shares (+2067.8%) to their portfolio in Q4 2025, for an estimated $426,147,046
HOLOCENE ADVISORS, LP removed 1,225,926 shares (-55.1%) from their portfolio in Q4 2025, for an estimated $165,769,713
BLACKROCK, INC. removed 976,725 shares (-8.8%) from their portfolio in Q4 2025, for an estimated $132,072,754
CITADEL ADVISORS LLC added 946,520 shares (+876.1%) to their portfolio in Q4 2025, for an estimated $127,988,434
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 784,007 shares (-76.4%) from their portfolio in Q4 2025, for an estimated $106,013,426
NUVEEN, LLC removed 606,845 shares (-77.1%) from their portfolio in Q4 2025, for an estimated $82,057,580
JUNTO CAPITAL MANAGEMENT LP added 403,329 shares (+inf%) to their portfolio in Q4 2025, for an estimated $54,538,147

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TOL Analyst Ratings

Wall Street analysts have issued reports on $TOL in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 12/10/2025
UBS issued a "Buy" rating on 12/10/2025
B of A Securities issued a "Buy" rating on 10/10/2025

To track analyst ratings and price targets for $TOL, check out Quiver Quantitative's $TOL forecast page.

$TOL Price Targets

Multiple analysts have issued price targets for $TOL recently. We have seen 12 analysts offer price targets for $TOL in the last 6 months, with a median target of $166.0.

Here are some recent targets:

Anthony Pettinari from Citigroup set a target price of $162.0 on 02/26/2026
Jade Rahmani from Keefe, Bruyette & Woods set a target price of $170.0 on 02/25/2026
Michael Rehaut from JP Morgan set a target price of $143.0 on 02/23/2026
Stephen Kim from Evercore ISI Group set a target price of $174.0 on 02/19/2026
Sam Reid from Wells Fargo set a target price of $185.0 on 02/19/2026
Tyler Batory from Oppenheimer set a target price of $180.0 on 02/19/2026
Mike Dahl from RBC Capital set a target price of $161.0 on 02/19/2026

Full Release

CHARLOTTE, N.C., April 02, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Toll Brothers at South Park , is coming soon to Charlotte, North Carolina. This stylish townhome community will feature thoughtfully designed floor plans in a desirable location just minutes from SouthPark Mall and Uptown Charlotte. Site work is underway, and the community is anticipated to open for sale in late 2026.

Located in a vibrant neighborhood brimming with upscale shopping and dining, Toll Brothers at South Park will feature elegant townhomes offering over 2,000 square feet of bright open-concept living space, private covered outdoor living areas, convenient two-car garages, and versatile secondary bedroom suites. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Townhomes are anticipated to be priced from the mid-$900,000s.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio . The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

With low-maintenance living that includes lawn maintenance and trash removal, residents will have more time to enjoy all that SouthPark has to offer. Located less than a mile from SouthPark Mall, homeowners will benefit from close proximity to luxury retailers, a variety of restaurants, outdoor recreation, and lively Uptown Charlotte.

"This upcoming luxury townhome community reflects the kind of refined, walkable lifestyle today’s buyers are looking for," said Ryan Switzer, Division President of Toll Brothers in Charlotte. "Adjacent to the upscale SouthPark Mall, residents will enjoy an unmatched combination of elegant townhome designs, modern convenience, and proximity to one of Charlotte’s most vibrant and established destinations."

For more information and to join the Toll Brothers interest list for Toll Brothers at South Park, call (866) 232-1719 or visit TollBrothers.com/NC .

About Toll Brothers

Toll Brothers, Inc. , a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies ^® , the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com .

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cbb67f86-e96c-42d2-94e7-e03d0819d027
https://www.globenewswire.com/NewsRoom/AttachmentNg/c08f5d43-f27a-4efa-af25-2a78719da525
https://www.globenewswire.com/NewsRoom/AttachmentNg/4ac816c2-b3ce-48f8-93de-84e4eb4f0c7a

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)